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1. Trend projection Here data of past sales is used to project future sales. This is the simplest and most straightforward method of demand forecasting. 2. Market research This is based on data from customer surveys. Time and effort is required to prepare and send out surveys and tabulate data. 3. Sales force composite This method uses the experience of the sales team in a company. Feedback from the sales group is used to forecast customer demand. 4. Delphi method Demand forecasting experts from outside the firm are involved in this method. Several rounds of questionnaires are held which are to be responded anonymously until the group of forecasting experts comes to a consensus. 5. Econometric A mathematical formula is created to predict future customer demand. Here, statistical tools and economic theories are combined to estimate the economic variables and to forecast the intended variables.
In triangle ABC, if a = 8 cm, b = 6 cm, and angle C = 60°, find the length of side c.
A triangle has sides 7 cm, 24 cm, and 25 cm. Determine the largest angle in the triangle.
A circle is inscribed in a triangle ABC with sides 12 cm, 16 cm, and 20 cm. What is the radius of the circle?
A and B together can complete a task in 12 days. B alone can complete it in 20 days. How long will it take A to complete the task if he works alone?
A car typically travels 20% faster than a bike. The bike takes 4 hours to cover 300 km. If the car's speed were 8 km/h less than ...
A person deposits ₹12,000 in a bank offering a 5% interest rate compounded annually. After 2 years, how much interest will he have earned?
A, B and C started a online education website by investing Rs.30,000, Rs.45,000 and Rs.60,000 respectively. Find the share of A’s, out of an annual pr...